12.15 Sunday Market Highlights

The overall fluctuation of the weekend market is not large, and there is not much to say about the market in the early morning. It is still moving in a small range of oscillation patterns without much unexpected events. From yesterday to today, it is generally showing a downward oscillation, but the support below still holds. As long as the support remains intact, the bullish outlook remains unchanged, and it is merely a form of correction in time and space.

From the 4-hour chart, compared to yesterday, a small bearish candle has continued to form, closing with a small bearish K cross star line, indicating a corrective oscillation. This is consistent with yesterday's expectations, accompanied by a rebound followed by pressure and a corrective pullback. The daily chart continues to show range-bound oscillation. It has been hovering near the upper track, constrained by the weekend, without providing much space, and it has not broken the upper track support, causing the short-term strength to weaken. Today, the white candle may touch the upper track support and then rebound into oscillation, providing opportunities for both long and short positions, testing the entry points.

Bitcoin 100500-100800 long, targeting 102000-102500

Ethereum can be seen as bullish as well.